To: Karl Drobnic who wrote (15340 ) 4/23/1998 5:50:00 PM From: M. Frank Greiffenstein Read Replies (1) | Respond to of 31646
Chrysler embedded chip problem... From today's Detroit Free Press, excerpted (it costs $1 to download articles, that's great for e-commerce stocks, but thats a **different** story...) 4/32/98, Front page... "When Chrysler Corporation shut down its Stelring Heights Plant last year and turned all the plants clocks to 12/31/99, executives were expecting to find computer lgitches assoicated with the date change from 1999 to 2000. But they weren't expecting quite so **many** glitches. 'We got lots of surpirses said CEO Robert Eaton. "nobody could get out of the plant. The security system absolutely shut down and owuldn't let anybody get in or out. And you couldn't have paid people because the time-clock systems did not work.'" "Chrysler will spend 55 million this year to fix and find the problems. Ford own't say how much it plans to spend this year..." "GM alone must review more than 2 billion lines of code...and up to 500,00 computerized, factory-floor devices that could carsh 12/31/99." "Their big worry concerns suppliers--the more than 40,00 companies with 70,000 factories and offices around the world responsible for wheels, grommets, robots" etc... Talking about suppliers, C President Thomas Stallcamp says "We are pretty sure of our first tier suppliers, and the seoncd and third and ofurth tier who supply not just our industry but others.. As you get further down the ofod chain, you've got a guy making widgets for us as well as Boeing and Maytag, and those guys are the ones we're worried about." You can go see the article in its entirety at freep.com . You can e-mail the writer, Rachel Konrad, at konrad@det-freepress.com. DocStone